On: Anonymous shell companies buying American real est...

[imgabe]

Buildings are often owned by an LLC that is created for the purpose of owning that one building. This would be difficult to implement.

[mikeyouse → imgabe]

This is easily solved if we had the will to solve it via Ultimate Beneficial Ownership registries. There's no good reason to allow anonymous ownership of companies.

https://en.wikipedia.org/wiki/Beneficial_ownership

[sokoloff → mikeyouse]

Anonymous from whom? Anonymous from the government? Maybe I agree. Anonymous from anyone who is curious (or nosy, depending on your feelings about privacy)? I think it's none of your or any reporters' business how many shares of AAPL I own.

[mikeyouse → sokoloff]

We're not talking about shares of Apple, we're talking about who effectively controls LLCs and other corporations that are primarily used to shield the owners of real estate.. Your 23 shares of AAPL don't grant you effective control over Apple so it's not relevant.

[sokoloff → mikeyouse]

GP was talking about "anonymous ownership of companies". That's exactly what me owning shares of AAPL is.

(Parent post was substantially edited after this comment, so it makes less sense now.)